In this period of social and economic confusion, Gas projects seem to benefit from an exceptional stability.
The level of investment for gas projects is equal in 2020 to 2019.
Read more 11 Nov 2020
Gas Projects are Inert to Crisis
As part of the underlying Oil & Gas and Petrochemical market revolution, the business model for projects is changing.
In fact, the new business model is a return to the basic of ROI (Return on Investment) calculations.
Thus, the new business model aims to shorten project timeline while controlling costs. Delivering “Fast-track” projects in 2-3 years.
Tags: 2020, barrel, barrel price, Business model, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, fast track, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, newsletter, NOC, NOC national oil company, oil, Oil & Gas, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil & gas project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas database, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical, Petrochemical projects EPC contracts, price, production cuts, Project Smart Explorer, project smartexplorer, projects, Refinery, ROI, short term, upstream, USA
Posted in Blog, One day - One News | 2 Comments
Posted in Blog, One day - One News | 2 Comments
Surprisingly, the Oil & Gas and Petrochemical market stands robust on Q3 2020 by reaching 12 months 2019 capital expenditure.
Read moreTags: 2020, barrel, barrel price, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, climate change, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, NOC, NOC national oil company, oil, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical projects EPC contracts, price, production cuts, project smartexplorer, projects, Refinery, short term, upstream, USA
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Posted in One day - One News | Leave a comment
Where do we stand 6 months in 2020?
we decided to investigate the reality of data and crunch our numbers from www.projectsmartexplorer.com to make an inventory halfway through the year.
Today trends on the market give us the forecast Capital Expenditures for 2020 should end-up at the same level or above compared to 2019. Previsions for 2021 are also high, fueled by projects postponed.
Tags: : barrel, 2020, barrel price, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, climate change, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, NOC, NOC national oil company, oil, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical projects EPC contracts, price, production cuts, project smartexplorer, projects, Refinery, short term, upstream, USA, Year 2020
Posted in One day - One News | 2 Comments
Posted in One day - One News | 2 Comments
PetroRabigh II and Sadara to double Saudi Aramco petrochemical production The PetroRabigh expansion, or PetroRabigh II, is a […]
Read moreTags: Aromatics, Aromatics complex, associated facilities, basic design, bids, capital expenditure, caprolactam, chemicals, common utilities, completion, cyclo-hexane, Daelim Industrial, Debottlenecking, Dow Chemical, downstream, Engineering companies, Engineering Procurement and Construction, EPC, EPR, ethane cracker, Ethylene, ethylene propylene, ethylene-vinylacetate, EVA/LDPE, FEED, feedstock, FID, final investment decision (FID), Front End Engineering and Design (FEED), gas, greenfield, GS E&C, GS Engineering and Construction, HD-LLDP, High-density and linear low-density polyethylene, integrated business model, Italian, Italy, Japan, JGC, joint venture, KBR, Letter of Intent, Low Density Polyethylene, Low Density Polyethylene (LDPE), methyl methacrylate, methyl tert-butyl ether, Middle East, MMA, MTBE/IB, Naphtha reformer, natural gas, nylon, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, Oil&Gas, Olefins, operations, PE, Petrochemical, petrochemical complex, Petrochemical projects EPC contracts, Petrofac, PetroRabigh CP1, PetroRabigh CP2, PetroRabigh CP3, PetroRabigh CP4, PetroRabigh expansion, PetroRabigh II, PetroRabigh RP2, phenol, PMC, PMCProject Management Consultancy, PMS, Polypropylene, process units, Project Feasibility study, projects, Propylene, Propylene oxide (PO), Refinery, renewable, Sadara, Saipem, Saudi Arabia, Saudi Aramco, South Korea, Stone & Webster, Sumitomo, Sumitomo Chemical, tank farm, unconventional gas, Utilities package
Posted in One day - One Project | Leave a comment
Posted in One day - One Project | Leave a comment
Offshore Exploration and Production ban counts days Soon after the Macondo incident, Italy proposed a moratorium that came […]
Read moreTags: 128, A new energy strategy for Italy, Adriatic, capital expenditure, Corrado Passera, Costa Concordia, crude oil, DL128, DL128 ban, drilling, Edison, Elsa oil field, Elsa Petroceltic, energy policy, ENI, European standards, Exploration & Production, France, gas, GDP, Italian government, Italian Prime Minister Mario Monti, Italy, Italy's Legislative Decree No. 128/10, Liberalization Decree, liquid hydrocarbons, Malta, Mario Monti, Mediterranean Oil & Gas (MOG), Minister for Economic Development, MOG, moratorium, offshore, offshore drilling rigs, offshore oil and gas, offshore projects, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Project, oil and gas field, oil and gas production, Oil news, Oil&Gas, Ombrina Mare, Passera, Petroceltic, projects, proven reserves, quick win, Shell, upstream
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